remaster

[ree-mas-ter, -mah-ster]
verb (used with object)
to make a new master tape or record from an old master tape, usually to improve the fidelity of an old recording.

Origin:
1960–65; re- + master

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World English Dictionary
remaster (riːˈmɑːstə)
 
vb
(tr) to make a new master audio recording, now usually digital, from (an earlier recording), to produce compact discs or stereo records with improved sound reproduction

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
If the creators want to digitally remaster the original tapes, fine, follow your bliss.
Currently the average cost to remaster one hour of video play time is approximately two hundred dollars plus materials.
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